US Manufacturing PMI Jumps 3.9 Percent

The ISM® Report On Business® for U.S. manufacturing in March showed a big gain with a PMI reading of 64.7 percent, an increase of 3.9 percentage points from the February reading of 60.8 percent.  “Manufacturing performed well for the 10th straight month, with demand, consumption and inputs registering strong growth compared to February,” says Timothy R. Fiore, ISM® Manufacturing Business Survey Committee Chair. “Labor-market difficulties at panelists’ companies and their suppliers persist. End-user lead times (for refilling customers’ inventories) are extending due to very high demand and output restrictions as supply chains continue to recover from COVID-19 impacts.”

Read More »
Brushware News April 14, 2021

US Manufacturing PMI Soars in February

U.S. manufacturing registered a PMI of 60.8 percent for February according to the latest ISM® Report On Business® to reach the highest figure since the start of the COVID-19 global pandemic.

“Manufacturing performed well for the ninth straight month, with demand, consumption and inputs registering strong growth compared to January,” says Timothy R. Fiore, Chair of the ISM® Manufacturing Business Survey Committee. “Labor-market difficulties at panelists’ companies and their suppliers continued to restrict manufacturing-economy expansion and will remain the primary headwind to production growth until employment levels and factory operations can return to normal across the entire supply chain.”

Read More »
Brushware News March 5, 2021

Italy and India Show Manufacturing Growth in January

Supply Chain Issues and Labor Shortages Present Challenges

Manufacturing in India showed strength with a reported 57.7 PMI from Markit Economics, which represented a fourth straight month of improvement. Italy had a second straight month of growth and a big uptick to a reported PMI of 55.1 percent after registering 52.8 in December. That represents Italy’s highest level since February 2018.

Read More »
Brushware News February 16, 2021

US PMI Drives Higher in December

The Institute for Supply Management® (ISM®) reported a December PMI® of 60.7 percent for US manufacturing, up 3.2 percentage points from the November reading of 57.5 percent. That figure was the highest since August of 2018 and also indicates expansion in the overall economy for the eighth month in a row after contracting in March, April, and May.

Read More »
Brushware News January 13, 2021

Germany Leads PMI Charge For September

While Euro Area manufacturing had a strong performance in September with a PMI reading 53.7 percent, German manufacturers led the charge with a 4.2 percent increase over August to hit a IHS Markit/BME reported figure of 56.4 percent. That represented the best expansion in the sector since July 2018 while the new order growth figure was among the strongest reported months since 1996. Improved demand across Europe, China and Turkey also saw new export orders reach the highest level for Germany since December 2017.

Read More »
Brushware News October 6, 2020

August PMI Figures Continue Upward Trend

US manufacturers continue to lead the global trend for PMI growth as ISM® reported a PMI of 56 percent for August. While the Euro Area figure slipped from 57.8 to 57.1, Germany and Italy both saw improvement after entering growth territory the previous month.

Read More »
Brushware News September 8, 2020

US PMI Leads the Charge in July

The Institute for Supply Management® (ISM®) reported a July PMI of 54.2 percent for US manufacturers. That was up 1.6 percent from the June figure and was the highest point since March 2019.

Read More »
Brushware News August 13, 2020
Brush News

June PMI Numbers Move Into Growth Territory

The Institute for Supply Management® reported a US PMI of 52.6 percent for June which represents the first month back to growth territory since the COVID-19 shutdowns. In fact, the figure eclipsed a strong pre-COVID January number of 50.9 and is the highest month for US manufacturing since April of 2019. The promising June performance rolled out to other countries as well, with China continuing to progress as the Caixin Manufacturing index reported a 51.2 number. The Euro Zone, Germany and Italy also showed improvement, but all remained in contraction territory under the 50 percent mark.

Read More »
Brushware News July 6, 2020

Current Issue

MAR/APR 2024

VIEW THE ISSUE

 

 

 

 

Follow Us

Twitter Facebook Linkedin Envelope Rss

Sponsors

Recent Posts

SPONSORS

Tags
ABMA ABMA Annual Convention ABMA Emerging Leaders Alessandro Acquaderni Andrew McIlroy Bob Lawrence Borghi USA Boucherie Boucherie Borghi Group Coronavirus COVID-19 Deco Products Derek Miller Dusty Alexander ERP FEIBP FEIBP Congress Global Shop Solutions Gordon Brush Greg Miller Hillbrush IHA Institute for Supply Management Interbrush Interclean International Housewares Association ISM ISSA Ken Rakusin Lisa Anderson Mill-Rose National Association of Manufacturers Nexstep Commercial Products Ohio Manufacturers Association Perlon Phillip M. Perry PMI Robert Dous Supply Chain The Inspired Home Show Timothy R. Fiore US Import Export Data Video World Brush Expo ZAHORANSKY

ABOUT BRUSHWARE

Brushware Magazine is a bimonthly trade publication for the manufacturers and suppliers of brushes, mops, rollers, brooms, products that apply material, and clean or polish surfaces. Brushware offers news, product information, development and sales, and personality profiles, emphasizing application techniques, new applicator materials, and methods of application. Government import and export statistics are published quarterly and analyzed for relevancy.
© 2024 · Goodwin World Media LLC